How to Avoid 🚫 Being Ripped off πŸ’° when You Use Your Credit Card πŸ’³ Abroad πŸ—Ί ...

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You need to know how to avoid being ripped off when you use your credit card abroad to prevent nasty shocks when you get home and receive your statement. When you are on vacation and in the mood to spend some money, there’s no doubting that the easiest way to do this is just to whip out your credit card and slot it into the machine, just like you do at home. The thing is, being in a foreign country means that not all the same rules and regulations apply to card transactions. What is a simple process at home might be something more complicated and expensive than you ever thought when abroad. To ensure that you have the best financial experiences possible when you are on vacation, here is how to avoid being ripped off when you use your credit card abroad!

1. Be Mindful of Foreign Transaction Fees

The majority of credit card companies issue charges when they see that you are paying in foreign currencies. They are on top of the exchange rate and they can vary drastically from card to card. Before you whip yours out to pay for things on holiday, make sure you have done your research about the extra fees and then you can decide whether one card will be better to pay with than another.

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